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<p>[QUOTE=&quot;statequarterguy, post: 2014771, member: 21782&quot;]Yes, very simple example and it only works if the mint buys bullion to fill locked in orders.&nbsp; If, they&#039;re sitting on some bullion, they could lose.&nbsp; Now, they can sit on it forever and unless the price recovers, they will lose eventually.</p><p>&nbsp;</p><p>I too used a simple example of pm&#039;s declining to half price, any change in price will produce gains or losses.&nbsp; As was mentioned earlier, the mint hasn&#039;t changed prices on numimatic silver bullion since silver was $24/oz, yet it has declined 33%.&nbsp; And yes, at one time the mint did regularly adjust the price of silver numismatic products.[/QUOTE]</p><p><br /></p>

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